Why FICO Stock Is Sliding Today: Fair Isaac Drops in Thin Year-End Trading
Fair Isaac (FICO) shares dropped 3.8% to $1,680.01 Wednesday afternoon in thin year-end trading, underperforming rivals Equifax and TransUnion. The stock touched an intraday low of $1,679.16, with volume at 116,000 shares by mid-afternoon. FICO is down about 21% from its May high. Investors are watching for updates on its mortgage score business and software growth.